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ARTICLE | Financial News

Veracyte sets IPO range

October 18, 2013 12:23 AM UTC

Veracyte Inc. (South San Francisco, Calif.) amended its IPO and now plans to sell 4.7 million shares at $13-$15. At the $14 midpoint, the company would raise $65.8 million and be valued at $289.7 million. Morgan Stanley; Leerink; William Blair; and Cowen are underwriters. Veracyte filed to raise up to $74.8 million in the IPO last month. ...